Cisco global relocation program focus on policies
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Cisco Global Relocation Program – Focus on Policies. Shauna Page – Global Relocation Engagement Manager - Emerging and European Markets. Agenda. Policy types International Assignment – components and rationale International Transfer Policies Q&A. IA (International Assignment)

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Cisco Global Relocation Program – Focus on Policies

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Cisco global relocation program focus on policies

Cisco Global Relocation Program – Focus on Policies

Shauna Page – Global Relocation Engagement Manager

- Emerging and European Markets


Agenda

Agenda

  • Policy types

  • International Assignment – components and rationale

  • International Transfer Policies

  • Q&A


Relocation types

IA (International Assignment)

On Company’s Request

Follow Home Benefit Plan

International Medical Insurance

Temporary in Nature

Short Term (STIA) – 4 to 18 months

Long Term (LTIA) – 2 to 5 years

IT (International Transfer)

Long Term Career Plan in the New Location

Follow Benefit, Payroll in the New Location

IT Lump Sum

IT Managed Move

IT Local Plus

IT Returnee

IT Personal

Relocation Types


International assignment

International Assignment

  • A long term international assignment is normally leveraged to fill a role with leadership talent to meet a long term business need that requires continuity of 2 to 5 years in the role to meet the objectives.

  • Business Drivers

  • Start-up of a function or the start up of a new location/new legal entity

  • A critical long term business initiative

  • Business turnaround

  • Relationship building with government

  • Talent Considerations

  • Establish or build a presence in a new location

  • Start or build a function in a new or existing location

  • Identify and develop local talent to be a successor

  • Gain needed experience and development to be positioned as a global leader


Cisco global relocation program focus on policies

Relocation Assistance

Visa Assistance

Destination Service

Househunting Trip

Settling Assistance

Household Goods Shipment

Storage at Home location

Temporary Housing (60 days)

Tax Assistance

Repatriation Assistance

Assignment Related Allowances

Host Housing Allowance

Education Allowance

Transportation Allowance

Annual Home Leave Allowance

Utility Allowance

G&S Differential

Miscellaneous Relocation Allowance (Equivalent to purchasing Power of USD 15,000)

International Assignment BenefitAligned with home payroll and retirement plan. Global medical coverage.

**Average Cost for a Tier (1) 2-year LTIA – USD 1,500,000


It personal move

Features

This is an employee-initiated move for personal reasons.

Employee is responsible for all expenses related to the transfer.

Benefits

Visa Services

Tax Services

IT Personal Move

*** Estimated cost for IT Personal Move – USD 6,000 to USD10,000


It lump sum move

Features

Employee manages all other assignment related costs not included in the benefit

Lump sum relocation allowance provided to offset costs incurred while moving

Allowance amount is a factor of family size and base salary of new position.

Benefits

Tax Services

Visa Services

Enroute Travel

Optional (If approved)

Destination Service (house hunting trip)

Temporary Living up to 30 days

IT Lump Sum Move

***Average cost – USD 12,000 to USD 25,000 + lump sum


It managed move

Features

More expensive option than IT Personal Move or IT Lump Sum

A company managed move

Extended benefits & reduced relocation allowance

Benefits

Destination Services including look-see trip

House lease cancellation reimbursement (Home Location)

Loss from sale of automobile in Home Location

Shipment – Air & Surface

Temporary living up to 60 days

Enroute Travel

Tax Services

Visa Services

Relocation Allowance of USD 7,500

IT Managed Move

***Average Cost – USD 100,000


It returnee

Features

Used for returning citizens

Have been away from origin country for at least 3 years

Long term career plan in host location

Transition support

Declining allowances for 2 years (100%-50% of allowance base)

Benefits

Allowance base: 50% of IA Housing, Utilities & Education   

Housing and Vehicle assistance in current location

Shipment – Air & Surface

Pet shipment allowance (subject to approval and local regulation)

Destination Services

Temporary Living up to 60 days

Relocation Allowance of USD15,000 (1 payment)

Enroute Travel

Tax Services

Visa Services

IT Returnee

***Average Cost – USD 350,000 to USD 450,000


Localisation policy

Localisation Policy

  • Only applicable to employees currently on assignment

  • Phased approach to provide financial support from assignee to local status.

  • Employee transfers onto local payroll and benefits.

  • 2 year localisation – 100% of assignment allowances in Year one/50% in year two.

  • 3 Year localisation – 100% of assignment allowances in Year one/66% in Year two and 33% in year three

***Average Cost – USD 750,000/1,200,000


It local plus

Features

Used for Employees who are Non-citizenshired or transferred, on permanent basis

Provide transition support

On going Allowance for 3 Years

Benefits

Allowance Base – 50% of IA Housing, Utilities & Education, Home Leave

Housing and Vehicle assistance in current location

Shipment – Air & Surface

Pet shipment allowance (subject to approval and local regulation)

Destination Services

Temporary Living up to 60 days

Relocation Allowance – 2 payments of USD 15,000 on starting and 3rd anniversary day

Enroute Travel

Tax Services

Visa Services

IT Local Plus

***Average Cost – USD 750,000


Relocation policy exception process

Relocation Policy Exception Process

  • Core benefits should not be removed or decreased (i.e. shipment of HHG’s, temp housing, lump sum allowance)

  • Cash in lieu of benefits is not authorized

  • Exception request: directto Relocation Leader for approval/denial


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